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Monday, 29 June 2020

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 16.12 | Sell 16.22
EGP / USD at CIB: Buy 16.12 | Sell 16.22
EGP / USD at NBE: Buy 16.10 | Sell 16.20

EGX30 (Sunday): 10,849 (-0.4%)
Turnover: EGP 757 mn (6% below the 90-day average)
EGX 30 year-to-date: -22.3%

THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.4%. CIB, the index’s heaviest constituent, ended down 1.1%. EGX30’s top performing constituents were Porto Group up 6.1%, Ibnsina Pharma up 4.0%, and CIRA up 3.4%. Yesterday’s worst performing stocks were Elsewedy Electric down 3.4%, Madinet Nasr Housing down 1.8% and Ezz Steel down 1.7%. The market turnover was EGP 757 mn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -50.6 mn
Regional: Net Short | EGP -12.1 mn
Domestic: Net Long | EGP +62.8 mn

Retail: 73.0% of total trades | 75.4% of buyers | 70.6% of sellers
Institutions: 27.0% of total trades | 24.6% of buyers | 29.4% of sellers

WTI: USD 38.49 (-0.59%)
Brent: USD 41.02 (-0.07%)

Natural Gas (Nymex, futures prices) USD 1.54 MMBtu, (-0.13%, August 2020 contract)
Gold: USD 1,780.30 / troy ounce (+0.55%)

TASI: 7,292.62 (+0.83%) (YTD: -13.07%)
ADX: 4,304.55 (+0.44%) (YTD: -15.19%)
DFM: 2,085.04 (-0.07%) (YTD: -24.59%)
KSE Premier Market: 5,656.43 (0.00%)
QE: 9,128.05 (-0.62%) (YTD: -12.45%)
MSM: 3,524.47 (-0.04%) (YTD: -11.47%)
BB: 1,277.20 (-0.17%) (YTD: -20.68%)

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